Meta has signed a deal with generative AI lab Midjourney to license the startup's "aesthetic technology" for the social media company's future models and products.The technical collaboration will link the companies' research teams,

What To Know: Meta signed a six-year agreement with Google Cloud worth more than $10 billion, according to CNBC. The deal will give Meta access to Google's cloud servers, storage and networking to support its AI infrastructure.

President Trump’s adoption of TikTok has dampened the hopes of shareholders in Meta and Alphabet that it will be deactivated in the U.S.

Meta has frozen the hiring in its AI division after months of aggressively poaching researchers from rival firms. The move comes alongside the restructuring of its Superintelligence Labs into four groups,

The AI Gold Rush Hits a Wall The artificial intelligence (AI) boom has propelled Big Tech valuations to dizzying heights, with companies like Meta Platforms (NASDAQ:META), Google, and Microsoft (NASDAQ:MSFT) pouring hundreds of billions into AI development,